Brookfield Real Assets Income Fund Inc.
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$12.89
- Net Assets:$831.09 Million
- NAV:$14.8
- Premium-12.91%
- Peer Rank:68 of 69
- Investment Rating:D-
- Performance:D-
- RiskC+
We rate Brookfield Real Assets Income at D-. Negative factors that influence this rating include a high expense structure. The fund may be considered for investors seeking a Corporate - High Yield strategy.
Total return ranks well below peers over the last three years. The Brookfield Real Assets Income has returned an annual rate of 3.49% since inception. More recently, the fund has generated a total return of 0.97% in the last five years, -3.92% in the last three years, and -17.96% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 19% of them. It has also outpaced 17% of its competitors on a three year basis and 3% of them over the last year for the period ending 2/29/2024. On a year to date basis, RA has returned 2.87%.
Downside risk has been above average. RA has a draw down risk of -44.46%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 23.0%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
High expense ratio hinders performance. On total assets of $831.09 million, RA maintains a high expense ratio compared to its Corporate - High Yield peers of 3.54% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As RA is a closed end fund, it has no front end or back end load.